Understanding the Sequester - What Do We Do Now?

On March 1, automatic sequestration cuts took effect for the U.S. federal government. The cuts are evenly split between domestic and defense programs, with half affecting defense discretionary spending (weapons purchases, base operations, construction work, etc.) and the rest affecting both mandatory (Social Security or Medicaid) and discretionary domestic spending. As federal, state and local governmental entities work to enact the budget cuts, many questions remain.

AGA and the American Society of Military Comptrollers (ASMC), have partnered to host a complimentary webinar with two key government leaders managing the sequester activities: Robert F. Hale, Under Secretary of Defense (Comptroller) and Chief Financial Officer, U.S. Department of Defense (DoD); and Danny Werfel, Controller, U.S. Office of Management and Budget (OMB). The speakers will address current sequester plans and activities, and will devote time to answer questions about the sequester.